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You are presented with the following alphabetical list of accounts and balances (in thousands) for Oriole Enterprises Inc. at June 30 , 2021. All accounts
You are presented with the following alphabetical list of accounts and balances (in thousands) for Oriole Enterprises Inc. at June 30 , 2021. All accounts have a normal balance. In addition to this information, common shares in the amount of $2,000 were issued during the year and $1,250 of the mortgage is currently due. Prepare a statement of income for the year. (Enter amounts in thousands.) ORIOLE ENTERPRISES INC. Statement of Income $ $ Prepare a statement of financial position for the year. (Enter amounts in thousands. List current assets in order of liquidity and Property, Plant, and Equipment in order of Land, Buildings, and Equipment.) ORIOLE ENTERPRISES INC. Statement of Financial Position Assets $ $ $
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